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News // Russia

Rosneft and Statoil begun exploratory drilling for hard-to-extract oil in Central Russia

31 January 2017 , 18:00Neftegaz.RU1393

Domanik Oil AS, the joint venture of Rosneft - 51% and Statoil - 49%, started drilling the 1st well as part of an exploration program to study tight hydrocarbon reserves of Domanik sediments in Samara region, Rosneft reported on January 31, 2017.

 

During the pilot phase planned for 2016-2019, Domanik Oil AS intends to drill and test at least 3 horizontal exploration wells, as well as to conduct advanced studies at the license areas of Samaraneftegaz, Rosneft subsidiary. The JV plans to use the most efficient development technologies, including multistage hydraulic fracturing.

 

Pilot drilling as part of the project for development of Domanik sediments opens new area of cooperation between Rosneft and Statoil.

Therefore, the companies are progressing in implementation of previously reached cooperation agreements by joining their experience and competences for development of promising hydrocarbon reserves in Russia.

 

Domanik sediments in Volga-Ural oil and gas province have large hydrocarbon potential.

These are low-permeable cherty limestone sediments; according to the characteristics of their filtration-reservoir properties they are classified as hard-to-recover hydrocarbons.

 

In 2013, Rosneft and Statoil signed an agreement on the basic principles of the project of the joint pilot development of Domanik deposits in 12 license areas of Rosneft in the Samara region.

To-date, the parties have conducted a number of geological and geophysical studies of Domanik deposits in the license areas of Samaraneftegaz.

 

To read this news in Russian.

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